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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (114263)5/26/2012 2:29:18 PM
From: tejek  Read Replies (1) | Respond to of 149317
 
Those who played the stock market casino on the USA being the Saudia Arabia of natural gas or the SA of coal got destroyed.

Yet Fargo expected to be boom times till 2015 as oil doubles?
http://www.city-data.com/forum/north-dakota/1583500-oil-double-2015-nd-add-over.html

Smart people in nordakota........I hope they planning for after the boom.



To: John Vosilla who wrote (114263)5/27/2012 11:42:56 AM
From: RetiredNow  Read Replies (1) | Respond to of 149317
 
Well, what's funny about it all is that if we truly are to become the Saudi Arabia of natural gas and we stick to our free market economy instead of unnaturally restricting supply like Saudi Arabia does, then it is a no-brainer that excess supply in a free market economy will equal low prices as demand struggles to sop it up. I don't know why anyone would think natural gas prices would go up and a fortune could be made in natural gas producers as we get a natural gas supply boom. Someone wasn't using their thinking cap.

My view is that the only ones that stand to make money from the natural gas boom are the folks who shorted natural gas at the start of it, the natural gas storage companies, and sometime around 2014-15, the companies involved in natural gas exports.